VOXX International CEO Patrick Lavelle's 2020 pay jumps 37% to $2M
VOXX International reports 2020 executive compensation
By ExecPay News
Published: June 29, 2020
VOXX International reported fiscal year 2020 executive compensation information on June 29, 2020.
In 2020, six executives at VOXX International received on average a compensation package of $834K, a 1% increase compared to previous year.
Patrick M. Lavelle, Chief Executive Officer, received $2M in total, which increased by 37% compared to 2019. 51% of Lavelle's compensation, or $1M, was in salary. Lavelle also received $65K in non-equity incentive plan, $876K in stock awards, as well as $30K in other compensation.
T. Paul Jacobs, Chief Executive Officer, received a compensation package of $1M, which increased by 8% compared to previous year. 49% of the compensation package, or $500K, was in salary.
Loriann Shelton, Chief Operating Officer, earned $547K in 2020, a 14% decrease compared to previous year.
John J. Shalam, Chairman, received $514K in 2020, which decreases by 26% compared to 2019.
Oscar Bernardo, Chief Operating Officer, earned $480K in 2020.
Charles M. Stoehr, Chief Financial Officer, received $473K in 2020, which decreases by 10% compared to 2019.
VOXX International's fiscal year ends on February 29.
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